Cash flow keeps a business ticking day to day. For small businesses, it’s even more important because they don’t have big reserves to fall back on like the big companies. Cash flow isn’t just about how much money is coming in; it’s about making sure there’s enough on...
VAT SARS detects a high number of suspicious VAT registrations SARS has indicated that R381 billion in refunds were paid in the fiscal year 2022/23, of which R319 billion were VAT refunds. With the substantial increase in applications for VAT registrations, SARS has...
In his 2022 budget speech, Finance Minister Enoch Godongwana revealed a more positive picture for government’s finances. The South African Revenue Service took in R182 billion more than expected in the past year. These stronger revenues allowed the Minister to...
https://www.techfinancials.co.za/2021/10/04/new-draft-companies-amendment-bill-snapshot-of-key-proposed-amendments/ A new draft of the Companies Amendment Bill has been published. Although the Bill clarifies many important company law issues; several ambiguities...
